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Dragon Riders GBP/JPY

  • #13,021
  • Nov 24, 2015 7:36pm Nov 24, 2015 7:36pm
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Solutions ONLY!!!
  • #13,022
  • Nov 24, 2015 8:09pm Nov 24, 2015 8:09pm
Just not sure if I should close this short out or not. 4 hour is telling me hold. Gut says close out.Guess I'll just let the price action do the deciding.
  • #13,023
  • Nov 24, 2015 9:28pm Nov 24, 2015 9:28pm
hey man, during the Asian session the 4H chart rules, plus there's a 49 week cycle hitting now to the downside.....!
  • #13,024
  • Nov 25, 2015 12:02am Nov 25, 2015 12:02am
Quoting Gbp/jpy
hey man, during the Asian session the 4H chart rules, plus there's a 49 week cycle hitting now to the downside.....!
4H chart for lyfe yo. All day everyday.
  • #13,025
  • Edited 1:21am Nov 25, 2015 1:01am | Edited 1:21am
Yep, the DEALER CHART....


Nikkei tanked............


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Gregor's E Wave
  • #13,026
  • Nov 25, 2015 1:11am Nov 25, 2015 1:11am
just dropped a short on both GJ and GU. from what im seeing this one will hopefully be the last before we go back up. Gonna buy GJ, GU, and GA if all goes according to plan
  • #13,027
  • Nov 25, 2015 1:22am Nov 25, 2015 1:22am
Choppy action on the H1. I guess my entries are what they call "sitting ducks".

Edit: Adjusted stops to BE now ... looks like it is breaking down again, beast has no steam.
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Fix up, trade sharp ...
  • #13,028
  • Nov 25, 2015 1:34am Nov 25, 2015 1:34am
Quoting Gbp/jpy
Yep, the DEALER CHART.... Nikkei tanked............ {image} Gregor's E Wave
WOW!!!
Thats got it falling much deeper than I see in the cards. Kopsi? or whatever his name is?
  • #13,029
  • Nov 25, 2015 1:43am Nov 25, 2015 1:43am
hey there old buddy ....that's Gregor Horvat....my affiliate

the strategy on this is fun.....notice there's two wave fours up around 185 ish I'm thinking D P's about now
  • #13,030
  • Edited 3:26am Nov 25, 2015 1:57am | Edited 3:26am
Quoting Gbp/jpy
hey there old buddy ....that's Gregor Horvat....my affiliate the strategy on this is fun.....notice there's two wave fours up around 185 ish I'm thinking D P's about now
yeah man i saw that. i was actually wondering about that. as far as waves i get lost unless its a clear cut 123 like we saw in EA last week. i would think that a pullback that deep would actually distort the pattern but i guess that would perhaps just indicate extremely strong support in the area??

EDIT....took profits on recent jump up. Seems to have broken bearish channel on the 1H. Will look to add longs longs somehwere
  • #13,031
  • Nov 25, 2015 2:04am Nov 25, 2015 2:04am
Quoting Gbp/jpy
hey there old buddy ....that's Gregor Horvat....my affiliate the strategy on this is fun.....notice there's two wave fours up around 185 ish I'm thinking D P's about now
btw...whatcha think about that GU chart i posted? if the pattern is sound, last drop on that bad boy before a major up wouldnt you say? Does your guy have a count on that bad boy by chance?
  • #13,032
  • Nov 25, 2015 3:30am Nov 25, 2015 3:30am
Hanging on with a last soldier in this battle ... rest got killed at BE.
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Fix up, trade sharp ...
  • #13,033
  • Nov 25, 2015 3:43am Nov 25, 2015 3:43am
Quoting Hickson
Hanging on with a last soldier in this battle ... rest got killed at BE. {image}
It 's been a choppy ride . Yesterday i made an attempt for breakout (red line) but got S/O.
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persistence and determination alone are omnipotent
  • #13,034
  • Nov 25, 2015 3:48am Nov 25, 2015 3:48am
Quoting Ll1979
{quote} It 's been a choppy ride . Yesterday i made an attempt for breakout (red line) but got S/O. Looking at H1 the daily pivot is doing his job as resistance {image}
it seems so ... maybe I still get s/o be, but cannot take profit now since two already got s/o BE and it barely earned the initial risk. MM would be bad. Not having stops at BE would enable me to take partials at the test of 185, yet you are always smart after the facts. Reduce risk -> limit profits a bit , increase potential profit -> increase risk as well, there is no holy grail.
Fix up, trade sharp ...
  • #13,035
  • Nov 25, 2015 5:48am Nov 25, 2015 5:48am
Exercising simplicity now ... this is not going against me so far, so I keep it.
Fix up, trade sharp ...
  • #13,036
  • Nov 25, 2015 6:48am Nov 25, 2015 6:48am
Quoting FX-Ray
{quote} 188.38/25 188.00/7.88 187.25/13 186.75/68 185.88/75 185.38/25 184.75/63 183.50/38 183.13/00 {image}
almost there, if 185.38/25 support next 185.88/75
  • #13,037
  • Nov 25, 2015 6:58am Nov 25, 2015 6:58am
Quoting FX-Ray
{quote} almost there, if 185.38/25 support next 185.88/75
Still long ... have to hold, at least for some more pips, because rest was s/o at BE. Will have to change my strategy I think. No BE stops at the beginning of the trade, no matter what. Made it unavailable now to take partials with only one survivor.
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Fix up, trade sharp ...
  • #13,038
  • Nov 25, 2015 7:15am Nov 25, 2015 7:15am
Quoting Hickson
{quote} Still long ... have to hold, at least for some more pips, because rest was s/o at BE. Will have to change my strategy I think. No BE stops at the beginning of the trade, no matter what. Made it unavailable now to take partials with only one survivor. {image}
Nothing to add.
  • #13,039
  • Nov 25, 2015 7:51am Nov 25, 2015 7:51am
Looks like we are all gonna get the candle close that we want in 9 minutes.
  • #13,040
  • Nov 25, 2015 8:01am Nov 25, 2015 8:01am
And resistance was busted through. Ring the bells all, ring the bells.
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